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Verdant Commercial Capital Reaches 5th Year Anniversary, Projects $600MM Rise in Originations

byIan Koplin
October 7, 2022
in News

Verdant Commercial Capital celebrated its fifth anniversary recently. Founded in 2017 by equipment finance veterans Mike Rooney, Chris Kelley and John Merritt, Verdant is now positioned to reach nearly $600 million in annual originations by the end of 2022.

“We’ve come a long way from the blank sheet of paper we started with five years ago,” Mike Rooney, CEO of Verdant Commercial Capital, said. “We were fortunate to attract some of the best and brightest in our industry to join us and we are really proud of all that they accomplished in such a short time.”

Currently with more than 80 employees located across the country, Verdant is positioned to reach nearly $600 million in annual originations by the end of 2022, that’s more than a 50% year-over-year increase from 2021.

Verdant was recently recognized for its 2021 performance by Monitor and was also recognized locally in Cincinnati as a 2022 Top Workplace.

“Our goal has always been to help our partners sell more equipment by making financing options simple and easy for their customers,” Rooney said. “Our partners, funders and especially our team have really helped us deliver on this goal, and we are truly grateful to them.”

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